The total overhead assigned to actual production at any point in time is called:
A)non-unit-based overhead.
B)budgeted overhead.
C)overhead assignment.
D)applied overhead.

Question

Quizplus · Accepted Answer

The total overhead assigned to actual production at any point in time is referred to as applied overhead. This amount is calculated by multiplying the predetermined overhead rate by the actual activity level, such as direct labor hours or machine hours, that was incurred during the period.

The Total Overhead Assigned to Actual Production at Any Point